Political Quotes

“Mr. Chair, I rise in support of my amendment, which would require the Department of Justice's report, as mandated under this bill, to examine public-private sector coordination regarding economic espionage threats. According to the Center for Strategic and International Studies, there have been 224 documented cases of Chinese espionage directed at the United States since 2000, and that doesn't even count the more than 1,200 cases of intellectual property theft lawsuits brought by American companies against Chinese stakeholders. These tactics cost Americans billions, yes, billions with a b, each year. Individuals tied to the Chinese Government have been caught spying on companies that are producing our Nation's critical infrastructure. In 2022, a Chinese national was convicted of spying while working as an engineer at General Electric. Back in 2024, the Department of Justice charged five Chinese military hackers for spying on U.S. Steel, Westinghouse Electric, and more. From energy to consumer electronics to advanced technologies, CCP- backed individuals aim to steal secrets that give Chinese industry a leg up over American industry and undermine our country and economy. This espionage is as much a national security threat as it is an economic issue. As a member of both the Intelligence and Financial Services Committees, I believe it is critical that the public and private sectors work together to detect, coordinate, and develop responses to espionage.…”